Question: Horizontal analysis. (LO2). Sunny's Umbrellas reported the following amounts for sales during the past five years: Using 2008 as the base year, perform a horizontal

Horizontal analysis. (LO2). Sunny's Umbrellas reported the following amounts for sales during the past five years:

Horizontal analysis. (LO2). Sunny’s Umbrellas reported the following amounts for


Using 2008 as the base year, perform a horizontal analysis. What information does the analysis provide that was not apparent from the rawnumbers?

2012 2011 2010 2009 2008 $27,925 $30,400 $33,525 $26,250 $30,300

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